• ENGIE Brasil Energia's board met Nov. 5, 2026, advancing plans to absorb wholly owned subsidiary ENGIE Brasil Energia Comercializadora.
• Directors approved the merger terms, calling a fully digital extraordinary shareholders' meeting for Nov. 30, 2026, to consider the transaction.
• The absorption would dissolve the subsidiary, transferring its entire net assets to the parent without increasing capital or issuing new shares.

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